All Forum Posts by: Sheila Siegel

Borrower currently has an SBA second at 2.9% and does not want to pay that off.

Does anyone know of a HELOC that will go in 3rd position?

I have a buyer undercontract on a property in Ohio right now. When she is purchasing a duplex for 61k but the value is k. she would like to close and immediately do a cash out briefing based on the actual current value. I know of lenders who can do this but it needs to be a 3 month seasoning  She would ideally like to do a blanket loan which will include not only the property that she's purchasing but a house she owns outright. 

Hi Fernando....I'm a broker looking for a company that does DSCR loans with no or very little seasoning to allow for the value instead of the Purchase Price. Looks like you may know who does those...please share!

💎𝑫𝒐𝒏'𝒕 𝑴𝒊𝒔𝒔 𝑶𝒖𝒕 𝑶𝒏 𝑻𝒉𝒊𝒔 𝑶𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒚💎

Located amongst multi-million dollar estates, 800 Toro Canyon is a unique opportunity to own in Montecito, the affluent and picturesque suburb of Santa Barbara. Very Private, including 2 buildings, creek, views. Electric, water and 350' driveway in place.

$1,995,000
800 Toro Canyon Road, Montecito
MLS #23-3050
𝑺𝒉𝒐𝒘𝒏 𝒃𝒚 𝒂𝒑𝒑𝒐𝒊𝒏𝒕𝒎𝒆𝒏𝒕 𝒐𝒏𝒍𝒚.
Contact: Sheila Siegel, Broker
California Property Group
DRE 02141968